Corporate governance, organizational culture, and firm performance: a systematic literature review (SLR) and future research opportunities
Author
Abstract
Suggested Citation
DOI: 10.20525/ijrbs.v14i3.4012
Download full text from publisher
References listed on IDEAS
- Ankita Kalia & Suveera Gill, 2023. "Corporate governance and risk management: a systematic review and synthesis for future research," Journal of Advances in Management Research, Emerald Group Publishing Limited, vol. 20(3), pages 409-461, April.
- Eny Maryanti & Wiwiek Dianawati, 2024. "Ownership structure and performance: how does business environmental uncertainty matter?," Cogent Business & Management, Taylor & Francis Journals, vol. 11(1), pages 2396540-239, December.
- Black, Bernard & Kim, Woochan, 2012.
"The effect of board structure on firm value: A multiple identification strategies approach using Korean data,"
Journal of Financial Economics, Elsevier, vol. 104(1), pages 203-226.
- Black, Bernard & Kim, Woochan, 2011. "The effect of board structure on firm value: a multiple identification strategies approach using Korean data," MPRA Paper 40283, University Library of Munich, Germany.
- Aziz Jaafar & Lynn Hodgkinson & Mao-Feng Kao, 2019. "Ownership Structure, Board of Directors and Firm Performance: Evidence from Taiwan," Working Papers 19011, Bangor Business School, Prifysgol Bangor University (Cymru / Wales).
- Muhammad Naeem Shahid & Aamir Abbas & Khalid Latif & Ayesha Attique & Safwan Khalid, 2020. "The mediating role of board size, philanthropy and working capital management between basic corporate governance factors and firm's performance," Journal of Asian Business and Economic Studies, Emerald Group Publishing Limited, vol. 27(2), pages 135-151, April.
- repec:eme:maj000:02686900510585609 is not listed on IDEAS
- Jensen, Michael C. & Meckling, William H., 2008.
"Theory of the firm: managerial behavior, agency costs and ownership structure,"
RAE - Revista de Administração de Empresas, FGV-EAESP Escola de Administração de Empresas de São Paulo (Brazil), vol. 48(2), April.
- Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
- Lina Mao & Guangfan Sun & Yining He & Shanshan Zheng & Changwei Guo, 2024. "Regional cultural inclusiveness and firm performance in China," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-14, December.
- Saif-Ur Rehman & Rachid Alami & Naseem Abidi, 2024. "CEO psychological biases, firm performance and alternative mechanisms in transition economies: Evidence from Malaysia," Cogent Business & Management, Taylor & Francis Journals, vol. 11(1), pages 2316189-231, December.
- Jeroh, E., 2020. "Firms Attributes, Corporate Social Responsibility Disclosure and the Financial Performance of Listed Companies in Nigeria," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 10(6), pages 727-743.
- Ana Belén Tulcanaza-Prieto & Iliana E. Aguilar-Rodríguez & Carlos Artieda, 2021. "Organizational Culture and Corporate Performance in the Ecuadorian Environment," Administrative Sciences, MDPI, vol. 11(4), pages 1-17, November.
- Tleubayev, Alisher & Bobojonov, Ihtiyor & Gagalyuk, Taras & García Meca, Emma & Glauben, Thomas, 2021.
"Corporate governance and firm performance within the Russian agri-food sector: does ownership structure matter?,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 24(4), pages 649-668.
- Tleubayev, Alisher & Bobojonov, Ihtiyor & Gagalyuk, Taras & Meca, Emma Garcia & Glauben, Thomas, . "Corporate governance and firm performance within the Russian agri-food sector: does ownership structure matter?," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 24(4).
- Mahmoud Alghemary & Nereida Polovina & Basil Al-Najjar, 2024. "Earnings management of acquiring and non-acquiring companies: the key role of ownership structure and national corporate governance in GCC," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 21(4), pages 568-588, December.
- Dian Perwitasari & Doddy Setiawan & An Nurrahmawati & Isna Putri Rahmawati, 2022. "Firm Performance during COVID-19 Pandemic: Does Ownership Identity Matter? Evidence from Indonesia," JRFM, MDPI, vol. 15(10), pages 1-18, September.
- Amerta Mardjono, 2005. "A tale of corporate governance: lessons why firms fail," Managerial Auditing Journal, Emerald Group Publishing Limited, vol. 20(3), pages 272-283, April.
- Hsiao-Fen Hsiao & Tingyong Zhong & Jun Wang, 2024. "Does national culture influence corporate social responsibility on firm performance?," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-9, December.
- Stanley Slater & Eric Olson & Carol Finnegan, 2011. "Business strategy, marketing organization culture, and performance," Marketing Letters, Springer, vol. 22(3), pages 227-242, September.
- Amneh Alkurdi & Amneh hamad & Hussam Thneibat & Mahmoud Elmarzouky, 2021. "Ownership structure’s effect on financial performance: An empirical analysis of Jordanian listed firms," Cogent Business & Management, Taylor & Francis Journals, vol. 8(1), pages 1939930-193, January.
- Abdul Waheed & Qaisar Ali Malik, 2021. "Institutional Ownership Board Characteristics and Firm Performance: A Contingent Theoretical Approach," International Journal of Asian Business and Information Management (IJABIM), IGI Global Scientific Publishing, vol. 12(2), pages 1-15, April.
- Haroon ur Rashid Khan & Waqas Bin Khidmat & Osama Al Hares & Naeem Muhammad & Kashif Saleem, 2020. "Corporate Governance Quality, Ownership Structure, Agency Costs and Firm Performance. Evidence from an Emerging Economy," JRFM, MDPI, vol. 13(7), pages 1-35, July.
- Beatrice Sarpong-Danquah & Kwasi Oko-Bensa-Agyekum & Emmanuel Opoku, 2022. "Corporate governance and the performance of manufacturing firms in Ghana: Does ownership structure matter?," Cogent Business & Management, Taylor & Francis Journals, vol. 9(1), pages 2101323-210, December.
- Abdul Waheed & Shahzad Hussain & Hasan Hanif & Hamid Mahmood & Qaisar Ali Malik, 2021. "Corporate social responsibility and firm performance: The moderation of investment horizon and corporate governance," Cogent Business & Management, Taylor & Francis Journals, vol. 8(1), pages 1938349-193, January.
- E. Jeroh, 2020. "Firms Attributes, Corporate Social Responsibility Disclosure and the Financial Performance of Listed Companies in Nigeria," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 10(6), pages 727-743, June.
- Siti Norwahida Shukeri & Faisal D Alfordy, 2022. "Female director in boardroom: Does it affect board compensation package and firm performance in Saudi Arabia?," Cogent Business & Management, Taylor & Francis Journals, vol. 9(1), pages 2057114-205, December.
- Aastha Tripathi, 2024. "Organizational Learning Culture and Firm Performance: The Mediating Role of Learning Agility," Vikalpa: The Journal for Decision Makers, , vol. 49(2), pages 129-142, June.
- Alofan, Fahad & Chen, Stephen & Tan, Hao, 2020. "National cultural distance, organizational culture, and adaptation of management innovations in foreign subsidiaries: A fuzzy set analysis of TQM implementation in Saudi Arabia," Journal of Business Research, Elsevier, vol. 109(C), pages 184-199.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Sanjana Bhakar & Priti Sharma & Sanjiv Kumar, 2024. "Ownership Structure and Firm Performance: A Comprehensive Review and Empirical Analysis," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(4), pages 19824-19865, December.
- Francesco Gangi & Antonio Meles & Eugenio D'Angelo & Lucia Michela Daniele, 2019. "Sustainable development and corporate governance in the financial system: Are environmentally friendly banks less risky?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(3), pages 529-547, May.
- Ayman Hassan Bazhair & Mohammed Naif Alshareef, 2022. "Dynamic relationship between ownership structure and financial performance: a Saudi experience," Cogent Business & Management, Taylor & Francis Journals, vol. 9(1), pages 2098636-209, December.
- Saha Rupjyoti & Kabra Kailash Chandra, 2019. "Does corporate governance influence firm performance? Evidence from India," Economics and Business Review, Sciendo, vol. 5(4), pages 70-89, December.
- Volonté, Christophe, 2015.
"Boards: Independent and committed directors?,"
International Review of Law and Economics, Elsevier, vol. 41(C), pages 25-37.
- Gantenbein, Pascal & Volonté, Christophe, 2011. "Boards: Independent and Committed Directors?," Working papers 2011/12, Faculty of Business and Economics - University of Basel.
- Yensen Ni & Yirung Cheng & Yulu Liao & Paoyu Huang, 2022. "Does board structure affect stock price overshooting informativeness measured by stochastic oscillator indicators?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(2), pages 2290-2302, April.
- Ying Schwarte & Ping He, 2024. "The effects of institutional investors and munificence on board chair orientations," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 28(4), pages 1049-1077, December.
- Renuka Sharma & Kiran Mehta & Archana Goel, 2023. "Non-linear relationship between board size and performance of Indian companies," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 27(4), pages 1277-1301, December.
- Choi, Paul Moon Sub & Chung, Chune Young & Vo, Xuan Vinh & Wang, Kainan, 2020. "Are better-governed firms more innovative? Evidence from Korea," International Review of Economics & Finance, Elsevier, vol. 69(C), pages 263-279.
- Samya Tahir & Mian Sajid Nazir & Muhammad Ali Jibran Qamar & M. Martin Boyer, 2022. "Ineffective implementation of corporate governance? A call for greater transparency to reduce agency cost," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(5), pages 1528-1547, July.
- Marwa Elnahass & Kamil Omoteso & Aly Salama & Vu Quang Trinh, 2020. "Differential market valuations of board busyness across alternative banking models," Review of Quantitative Finance and Accounting, Springer, vol. 55(1), pages 201-238, July.
- Ahmad, Sardar & Akbar, Saeed & Halari, Anwar & Shah, Syed Zubair, 2021. "Organizational non-compliance with principles-based governance provisions and corporate risk-taking," International Review of Financial Analysis, Elsevier, vol. 78(C).
- Taufik Taufik & Tertiarto Wahyudi & Agung Putra Raneo & Mu'izzuddin Mu'izzuddin & Mohamad Adam, 2018. "Do Traditional Accounting and Economic Value Added Mediate The Relationship Between Corporate Governance and Firm Value of Indonesian State-Owned Enterprises ?," International Journal of Economics and Financial Issues, Econjournals, vol. 8(3), pages 118-126.
- Aloui Mouna & Imed Daliy & Jarboui Anis, 2025. "Good Corporate Governance, Market Stock Liquidity, and Stock Return Volatility: French Context," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 15(1), pages 03-36.
- Nguyen, Thi Tuyet Mai, 2017. "An examination of independent directors in Vietnam," OSF Preprints ay6dv, Center for Open Science.
- Byung S. Min, 2018. "Effects of Outsider’s Monitoring on Capital Structure and Corporate Growth Strategy: Evidence from a Natural Experiment," Journal of Business Ethics, Springer, vol. 152(2), pages 459-475, October.
- Zhang, Cong & Mehmood, Rashid & Palma, Alessia & Wang, Zhen, 2024. "The impact of culture and religion on financing decisions: Moderating role of CSR," Research in International Business and Finance, Elsevier, vol. 70(PB).
- Patrick Velte, 2023. "Which institutional investors drive corporate sustainability? A systematic literature review," Business Strategy and the Environment, Wiley Blackwell, vol. 32(1), pages 42-71, January.
- Mohammed Abdullah Ammer & Meqbel Mishary Aliedan & Mansour Abdullah Alyahya, 2020. "Do Corporate Environmental Sustainability Practices Influence Firm Value? The Role of Independent Directors: Evidence from Saudi Arabia," Sustainability, MDPI, vol. 12(22), pages 1-21, November.
- Ni, Yensen & Huang, Paoyu & Chiang, Pinhui & Liao, Yulu, 2019. "Cash flow statements and firm value: Evidence from Taiwan," The Quarterly Review of Economics and Finance, Elsevier, vol. 71(C), pages 280-290.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rbs:ijbrss:v:14:y:2025:i:3:p:333-346. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Umit Hacioglu (email available below). General contact details of provider: https://edirc.repec.org/data/ssbffea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.
Printed from https://ideas.repec.org/a/rbs/ijbrss/v14y2025i3p333-346.html